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Atlas Energy Solutions (Atlas Energy Solutions) Gross Profit

: $313.8 Mil (TTM As of Dec. 2023)
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Atlas Energy Solutions's gross profit for the three months ended in Dec. 2023 was $62.9 Mil. Atlas Energy Solutions's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $313.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Atlas Energy Solutions's gross profit for the three months ended in Dec. 2023 was $62.9 Mil. Atlas Energy Solutions's Revenue for the three months ended in Dec. 2023 was $141.1 Mil. Therefore, Atlas Energy Solutions's Gross Margin % for the quarter that ended in Dec. 2023 was 44.60%.

Atlas Energy Solutions had a gross margin of 44.60% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 4 years, the highest Gross Margin % of Atlas Energy Solutions was 53.10%. The lowest was 15.90%. And the median was 44.14%.


Atlas Energy Solutions Gross Profit Historical Data

The historical data trend for Atlas Energy Solutions's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Atlas Energy Solutions Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Profit
17.77 64.07 256.31 313.77

Atlas Energy Solutions Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 74.79 82.34 88.85 79.63 62.95

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, Atlas Energy Solutions's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Atlas Energy Solutions Gross Profit Distribution

For the Oil & Gas industry and Energy sector, Atlas Energy Solutions's Gross Profit distribution charts can be found below:

* The bar in red indicates where Atlas Energy Solutions's Gross Profit falls into.



Atlas Energy Solutions Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Atlas Energy Solutions's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=613.96 - 300.194
=313.8

Atlas Energy Solutions's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=141.138 - 78.192
=62.9

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $313.8 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Atlas Energy Solutions's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=62.9 / 141.138
=44.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Atlas Energy Solutions  (NYSE:AESI) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Atlas Energy Solutions had a gross margin of 44.60% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Atlas Energy Solutions Gross Profit Related Terms

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Atlas Energy Solutions (Atlas Energy Solutions) Business Description

Traded in Other Exchanges
N/A
Address
5918 West Courtyard Drive, Suite 500, Austin, TX, USA, 78730
Atlas Energy Solutions Inc is a provider of proppant and logistics services to the oil and natural gas industry within the Permian Basin of West Texas and New Mexico, the most active oil and natural gas basin in North America.
Executives
Richard W Schmidt other: Member of 10% Owner Group. 5410 BEE CAVE ROAD, AUSTIN TX 78746
Brian Anthony Leveille other: Member of 10% Owner Group 5918 W COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
Gregory M Shepard director, other: Member of 10% Owner Group 7028 PORTMARNOCK PLACE, LAKEWOOD RANCH FL 34202
Chad M. Mcever other: Member of 10% Owner Group THREE RIVERWAY, SUITE 1350, HOUSTON TX 77056
Kirk Edwards Ginn other: Member of 10% Owner Group 5918 W COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
Joel Hock other: Member of 10% Owner Group" 3331 WESTLAKE DRIVE, AUSTIN TX 78746
Camcole Consultants, Llc other: Member of 10% Owner Group 2203 GULF AVENUE, MIDLAND TX 79705
Sealy & Smith Foundation 10 percent owner 2200 MARKET STREET, SUITE 500, GALVESTON TX 77550
Ben M Brigham director, 10 percent owner, officer: See Remarks 6300 BRIDGE POINT PKWY, BLDG 2 STE 500, AUSTIN TX 78730
Douglas G Rogers director 2200 MARKET STREET, SUITE 500, GALVESTON TX 77550
Jeffrey L Allison officer: EVP, Sales & Marketing 5918 W. COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
Atlas Sand Management Co Ii, Llc 10 percent owner 5918 W. COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
John Gregory Turner officer: See Remarks 5918 W. COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
Dathan C Voelter officer: General Counsel and Secretary 5918 W. COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730
Atlas Sand Holdings, Llc 10 percent owner 5914 W. COURTYARD DRIVE, SUITE 500, AUSTIN TX 78730